Relevant and even prescient commentary on news, politics and the economy.

Slow biking

From the archives: In praise of slow bikes – by Lloyd Alter Carbon UpFront Carlo Petrini, the founder of the Slow Food movement, has died. He inspired many other slow movements over the years. I wrote about many of them and believe I was the first to call for a slow-car movement, somewhat in jest. But I […]

Raising the Minimum Wage Benefits Society and Reentry to It

Having been exposed to the prison system over a period of time, I can vouch for what the author is proposing and the state is establishing. People do make mistakes. However, if society continues the punishment during and after parole, it becomes harder for a parolee to reestablish themselves in society. As it stands today, […]

The producer part of the economy is doing just fine, thank you

– by New Deal democrat Per my comments yesterday, so much data was released (with none coming today) that I did not report on several of the items. I’ll get to new home sales later, but first let’s talk about new orders and revised GDP. The central theme of yesterday’s personal income and spending report […]

“the consumer is teetering on the very edge of recession”

AB: For the last few months, New Deal democrat has been watching an economy on the brink of a recession. Still not quite there yet. The one factor keeping us above board is AI. A quick explanation why. The pending on AI infrastructure accounts for a large portion of U.S. GDP growth today. Such offsets […]